Form 4: Cohu Inc. Director Rapp Karen Marie Reports Acquisition and Disposal of Restricted Stock Units
SEC Form 4 Filing
Director Karen Marie Rapp reports acquiring and disposing of restricted stock units in Cohu Inc.
Summary
- On May 6, 2024, Karen Marie Rapp, a director of Cohu Inc., reported transactions involving restricted stock units (RSUs).
- Rapp acquired 403 RSUs, each representing a contingent right to receive one share of Cohu, Inc. common stock upon vesting.
- The RSUs vest in three equal annual installments beginning May 6, 2025, assuming continued service to the Board of Directors.
- Rapp also disposed of 403 RSUs.
- Following the reported transactions, Rapp beneficially owns 403 securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The RSUs vest in three equal annual installments beginning May 6, 2025, assuming continued service to the Board of Directors.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider activity, but the number of shares involved is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Acquisition and disposal of Restricted Stock Units |
| 05/06/2025 | First vesting date for the acquired Restricted Stock Units in three equal annual installments |
| 05/08/2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.